Production cuts ordered for this winter by China’s top steelmaking city Tangshan look less restrictive than last year, analysts said, potentially keeping output high even as the city seeks to Continue Reading
Saudi Aramco signed on Thursday an agreement to invest in a 400,000-bpd refinery and associated petrochemical plants in eastern China as part of Saudi Arabia’s push to expand its downstream Continue Reading
Canada’s oil industry woes have been a topic of discussion in the media for some time now, what with the persistent delays in the Trans Mountain expansion, unyielding opposition to Continue Reading
The authorities of Zhoushan, an island city in eastern China, said they were in talks with Exxon on the construction of an ethylene plant worth US$7 billion, Reuters reported on Continue Reading
The rate of growth in the third quarter dropped to 6.5%, falling short of market expectations, official statistics released Friday showed. Growth in industrial output and consumption weakened in the Continue Reading
China’s top economic official made a high-profile bid to bolster confidence in the country’s economy, stock markets and reform programme as Beijing reported its slowest quarterly growth figure in almost Continue Reading
Sputtering growth, soaring debt and an escalating trade war with the United States are increasingly weighing on China’s economy. China’s government on Friday reported that the economy grew by 6.5 Continue Reading
In the middle of a Sino-U.S. trade war, the world’s largest publicly traded oil and gas company is turning toward Beijing for business at a time when most of Corporate Continue Reading
State oil giant Saudi Aramco signed an agreement on Thursday to invest in a refinery-petrochemical project in eastern China, part of its strategy to expand in downstream operations globally. The Continue Reading
Steelmakers in Tangshan, China’s biggest steel producing city, are boosting output as local officials have failed to issue precise orders on output curbs even though the city’s winter pollution restrictions Continue Reading
